Mathematics, 07.04.2020 05:33 arubright177
Rose wants to invest $3,350 into frito lay company. she has a choice between plan a that has an interest rate of 6.5% over 8 years that grains interest compounds each month and plan b that also has an interest rate of 8.5% over 5 years that gains interest compounded continuously.
how much will the investment be for plan a?
how much will the investment be for plan b?
what plan is the better choice and why?
Answers: 2
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Rose wants to invest $3,350 into frito lay company. she has a choice between plan a that has an inte...
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